Advertisement

Taxes

Ask a Planner

Who pays tax on cash gifts in Canada?

Want to give or loan money to your children? Here are the factors that determine who pays tax in...

Who pays tax on cash gifts in Canada?
A Canadian woman and man looking at income statements to prepare their taxes for a tariff war.

Jacks on Tax

Worried about tariffs and their effects? Look at your taxes

Here are two ways to manage the effects of tariffs in Canada, plus three statements to prepare to ensure...

Worried about tariffs and their effects? Look at your taxes

News

Here’s the latest as the U.S. imposes tariffs on goods from Canada and Mexico

U.S. President Donald Trump’s order hitting Canada and Mexico with 25% across-the-board tariffs came into effect on March 4....

Here’s the latest as the U.S. imposes tariffs on goods from Canada and Mexico
Canadian parents with their adult children, having a good time, spending money on a dinner, knowing they have money in the estate for their adult kids. Is life insurance the answer?

Ask MoneySense

Do retirees need life insurance?

A Certified Financial Planner looks at the different strategies to ask your own advisor: Is life insurance the answer?

Do retirees need life insurance?

Advertisement

Advertisement

MoneyFlex

Mortgage Guide for Gen Z: The true costs of home ownership for young Canadians

What is the cost of buying your first home as a Gen Z? Find out the total costs you’re...

Mortgage Guide for Gen Z: The true costs of home ownership for young Canadians

Benefits

Ontario Trillium Benefit payment dates in 2025, and more about the OTB

The Ontario Trillium Benefit is a combination of several tax credits. Here’s how the OTB works, who’s eligible for...

Ontario Trillium Benefit payment dates in 2025, and more about the OTB
A young woman in front of a tropical ocean vista

Save

How are bonuses taxed in Canada?

If you’re getting a year-end work bonus or a raise, congrats! Before you spend it, know what deductions to...

How are bonuses taxed in Canada?

News

What drove U.S. inflation in January 2025

Inflation prices jumped to 0.5% from January to December, which was the largest increase since August 2023.

What drove U.S. inflation in January 2025

Advertisement

A Canadian holding on to a receipt for their income tax filing.

Jacks on Tax

“I have receipts”: Why you need to keep Canada income tax documents 

You can’t just claim anything. In preparing to file your income tax return, you will need to save receipts...

“I have receipts”: Why you need to keep Canada income tax documents 

Advertisement